Boiler Room: The Official Stock Market Discussion

[Akata Man Bromo]

Tvix

 

[levitate]

Decent rebound.

 

[Futuristic Eskimo]

[

Tvix

Need to exit those kind of trades on days like yesterday. You hit it, need to get out quick.

BTFD, though

 

[N.J.stan]

Tvix

Shyt hit 19 in the premarket, now below 10 I left a lot of money on the table but got out with a solid profit yesterday after holding for months at a double digit loss

 

[Akata Man Bromo]

[

Need to exit those kind of trades on days like yesterday. You hit it, need to get out quick.

BTFD, though

Lesson learned

 

[Domingo Halliburton]

Short volatility funds all getting blown up

 

[Futuristic Eskimo]

Short volatility funds all getting blown up

Should be a tailwind for volatility going forward with these blowing up and people backing off the strategy

 

[levitate]

Rollercoaster.

 

[Domingo Halliburton]

If you lost money the last couple days at least you're not this guy:

XIV trader: ‘I’ve lost $4 million, 3 years of work and other people’s money’
By Shawn Langlois

Published: Feb 6, 2018 3:43 p.m. ET

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iStockphoto
Traders betting against volatility have been blown up.
The VelocityShares Daily Inverse VIX Short Term ETNXIV, -92.59% was created to give traders an opportunity to bet against a rise in volatility — the calmer the markets, the more profitable the trade. And it’s been one of the best plays out there amid the bull’s long and steady assault on new highs.

All that changed, however, when the stock market began to seriously flame out last week. The ultimate gut-shot landed Monday when the Dow Jones Industrial Average DJIA, +2.33% was smacked with a record-setting retreat. The XIV dropped 90% after hours following the selloff, leaving a trail of destruction in its wake.

.....

 

[N.J.stan]

TVIX all over the place today. Was too busy to trade it, but man or man. 14 open, 8 dollar low in 30 min, back up over 14, down to 11, back to 14, down to 10, back to over 13, down to 7.50, now at 9.50 in AH

 

[88m3]

Is Donald Trump going to blame his new Fed Chair for this? When is he going to tweet that this is a conspiracy to make him look bad?

Call for an audit?

 

[Futuristic Eskimo]

Anyone own any PJT in here? Lowkey, been a great stock since a couple weeks after they got spunoff Blackstone and stole some deal guys from MS.

 

[Domingo Halliburton]

Damn they banged the close there.

 

[N.J.stan]

Still closed below 25k

 

[Futuristic Eskimo]

Damn they banged the close there.

Rates backing up again.